Rivian Automotive(RIVN) - 2023 Q4 - Annual Results

Key Highlights 167% increase in revenue in 2023 as compared to 2022 ~$81k gross profit per vehicle improvement Q4'23 compared to Q4'22 Launched leasing on R1 Exceeded all aspects of 2023 guidance Top selling electric vehicle over $70k in the United States for 2023 1 Launched Standard Range R1 variants starting at $69,900 in early 2024 ¹Source: https://electrek.co/2024/01/10/best-selling-evs-2023/ Q4 2023 Shareholder Letter © 2024 Rivian. All rights reserved. 2 We hold the deep conviction that the entire aut ...